On February 24th, the topic of "The daily trading limit of some banks is 5,000 yuan" caused a heated discussion. It was reported that some banks in Beijing set a trading limit of 5,000 yuan for Class I accounts.

　　In this regard, the Beijing News Shell Finance reporter verified with a number of bank outlets that setting limits for Class I accounts is not a recent adjustment. The staff of a branch of a big bank in Beijing told Shell Finance reporter that in this case (transaction limit), if necessary, they can apply for adjusting the limit and go to the counter with their identity documents, plus supporting documents such as driver’s license or medical insurance card to handle the withdrawal.

　　Another staff member of a branch of a joint-stock bank told Shell Finance that the daily trading limit of Class I account was set to 5,000 yuan, which may be due to the use of a non-real mobile phone number in the account.

　　Wang Pengbo, a senior analyst in Broadcom’s analytical financial industry, told Shell Finance that the transaction limit of bank cards has always existed, and the limit set by each bank is different according to the specific conditions of different customers. Its main purpose is to ensure the safety of customers’ funds and further implement the requirements of the People’s Bank of China for classified management of personal accounts, prevention of large-scale telecom fraud and anti-money laundering.

　　One-day trading limit is 5000 yuan?

　　A number of banks: they started to set trading limits last year and can apply for adjusting the limits.

　　Recently, it was reported by a banking institution in Beijing that a trading limit was set for Class I accounts, and the daily limit for all non-counter channels was 5,000 yuan.

　　The so-called non-counter channels refer to businesses that are not handled at the bank counter, including online banking, mobile banking, online fast payment, POS machines at sales terminals, ATM machines and third-party payments including Alipay and WeChat.

　　Is this really the case? On February 24th, the Beijing News Shell Finance reporter consulted a number of banks in Beijing and found that the specific implementation of the transaction limit for Class I accounts was different among banks. Some banks said that since last year, the bank will set a certain limit for opening new cards. Some banks also said that the bank set a lower transaction limit for accounts opened with non-real mobile phone numbers last year.

　　A staff member of a branch of a big bank in Beijing told Shell Finance that the bank has not lowered the transaction limit recently. At present, the limit for transferring funds through ATM for Class I accounts is 50,000 yuan, and the limit for withdrawing cash is 20,000 yuan.

　　"Since the second half of last year, the transaction limit of mobile banking has been lowered to between 5,000 yuan and 50,000 yuan. For example, for a mobile banking account that has not been used for a long time, the bank will reduce its transaction limit to 5,000 yuan. " The staff told the Shell Finance reporter that the purpose of this adjustment is mainly to prevent telecom fraud and reduce the losses of victims.

　　The above-mentioned staff also pointed out that in this kind of situation (transaction limit), if necessary, they can apply for adjustment of the limit, and they can apply for withdrawal at the counter with their identity documents and supporting documents such as driver’s license or medical insurance card.

　　Another account manager of a state-owned big bank branch told Shell Finance that the bank’s off-counter trading limit is related to the limit set at the time of card opening, which varies according to the specific situation of customers. In recent two years, the daily trading limit of Class I accounts is usually 10,000 yuan. The account manager also said that this transaction limit is only for mobile banking transfers, and the situation that a large amount of consumer spending needs to be made by swiping a card will not be affected.

　　The staff of a branch of a joint-stock bank told Shell Finance that the daily trading limit of Class I account was set to 5,000 yuan, which may be due to the use of a non-real mobile phone number in the account. "However, no customers have reported that their off-counter trading quota has been lowered recently." The staff member said that if you need to raise the amount, you can try to adjust it online through the mobile banking APP. If the adjustment fails, you can bring relevant certificates to the counter for adjustment.

　　The central bank has issued relevant regulations. When an individual opens an account in a bank, everyone in the same bank can only open a Class I account. If there is already a Class I account, it can only be a Class II or III account when opening an account again. The functions of the three types of accounts are different.

　　However, most users are not very clear about this classification. Some citizens said that they only know that their Agricultural Bank card has a one-day transfer limit of 10,000 yuan, but it is not affected by direct transfer through third-party payment such as Alipay.

　　In the view of Su Xiaorui, a senior consultant in the financial industry of Analysys, the non-counter trading limit prevents large-scale fraud to a certain extent and builds a line of defense for the security of bank customers’ funds; For cardholders, it may cause inconvenience in daily consumption and transactions.

　　Su Xiaorui pointed out that this online channel transaction management method is expected to continue in the short term in the future. In the medium and long term, it is not excluded that banks can achieve a dynamic balance between business risk prevention and user convenience by improving the level of risk control and financial technology. Customers with long-term, high-frequency and large-scale consumption or transfer needs will be greatly affected. Customers need to pay attention to the latest rules of banks, supplement information according to the rules of banks if necessary, or disperse funds in different banks to cope with temporary funding arrangements. Of course, the most important thing is to protect their privacy information.

　　Bank card account management is getting stricter?

　　Some users said that the daily trading limit was raised to 50,000 only after the account manager repeatedly checked the card opening.

　　In addition to controlling the risk of trading limit, banks have also strengthened supervision in card opening business. In the first card opening process, some banks will conduct "five questions and two checks" and risk tips for customers, including asking about the willingness to open an account, the reason for opening an account, and verifying the customer’s occupation, address and contact information.

　　Ms. Gu, who recently opened a card in a big bank in a country, told reporters that when she applied for a bank card, the bank first cancelled it because she had previously opened a Class I account in a bank in another region. Subsequently, she provided the bank with detailed information such as identity, occupation, age and home address, and after repeated verification by the account manager, the daily trading limit of the account was increased to 50,000 yuan.

　　Specifically, the above "five questions" include asking about the willingness to open an account, whether the account is for my own use, and observing whether there is any performance of being manipulated by others to open an account; Ask the reason for opening an account, and whether the purpose of the account is consistent with my identity and financial attributes; Inquire about the customer’s professional information and verify it; Ask the customer’s residential address, if the permanent address is far from the outlet, further ask the reason for opening an account; Ask the customer’s contact information and check it.

　　The "two checks" include inquiring about the account under the customer’s name, focusing on whether the account is frequently spent; Query customer historical transaction details, etc.

　　Some banking analysts told Shell Finance that similar regulations are also aimed at cracking down on illegal and criminal activities such as money laundering and telecom fraud and protecting people’s property safety. The newly opened card is too generalized, and there is no quota limit, which makes it difficult to supervise related illegal activities. At present, banks limit the amount of newly opened card transactions and strengthen information review, mainly to build a protective barrier for bank card transactions, and the supervision of bank card accounts will become stricter in the future.

　　Beijing News Shell Finance Reporter Wang Yuchen Editor Chen Li Proofread Fu Chunyu